Filecoin (FIL), Litecoin (LTC) and Ripple (XRP) have been generating headlines lately for a variety of reasons Filecoin (FIL) for its strong performance, Litecoin (LTC) with its resurgence and Ripple (XRP) for its underperformance in the past couple of months. On the other hand, Kelexo (KLXO), the first decentralized peer-to-peer lending marketplace of its kind, is being bandied about by market analysts as one of the best new crypto investment opportunities with the potential to turn in a 100x gain this year. Here’s why.
Filecoin (FIL) Up 108% in the Past Month
Filecoin (FIL) has gone on a tear entering the second week of March. As of March 11th, Filecoin (FIL) was up by 108% in the past 30 days, seeing prices increase from $5 to $11.14 as of press time. The next target for Filecoin (FIL) is $20 in March, which bulls could hit if Ethereum (ETH) breaks out of $4,000 where it currently trades.
Ripple (XRP) Breaks Out of Its Slump
As of March 11th, Ripple (XRP) has seemingly broken out of trading sideways at $0.62, recording a 17.6% 24-hour gain at $0.71. It now depends whether Ripple (XRP) bulls can keep up the pace to make a push to the next leg up at $0.80. Another corollary to this performance is the ongoing legal dispute between Ripple (XRP) and the U.S. Securities and Exchange Commission (SEC), which could put the kibosh on the bullish sentiment.
Litecoin (LTC) Showing Signs of Life
Litecoin (LTC) is rising from its slumber, turning in a massive 21.5% gain in the past 24 hours. As of March 11th, Litecoin (LTC) was trading at $105.65, gaining 20% in the past week when it traded between $80 to $90. Litecoin (LTC) hit all-time highs last May 10th 2021, when Litecoin (LTC) prices hit $410.
Kelexo (KLXO) Taking DeFi Lending to an Entirely New Level
Kelexo (KLXO) has been a popular way for investors to diversify into projects with a higher potential in 2024. The decentralized lending marketplace protocol, currently in phase 2 of its presale, is available at $0.04. Market analysts believe that Kelexo (KLXO) is an ideal presaleopportunity with the potential to increase in value by 50x and reach $1 by the end of 2024, owing to its unique value proposition.
Kelexo (KLXO) is focused on building a decentralized lending marketplace that promotes financial inclusion and democratizes access to credit lines, which could be instrumental in attracting new Web3 users in 2024.
Kelexo (KLXO) enables users to offer crypto loans using their holdings, allowing them to earn passive income through interest rates and also provides borrowers with fully-collateralized credit facilities and 24/7 access to credit. The platform operates entirely through smart contracts and the process of offering and availing crypto loans is completed in as fast as 2 minutes. The Kelexo (KLXO) presale offers prospective investors the opportunity to tap into the $200 billion peer-to-peer lending industry, a sector that Kelexo (KLXO) is anticipated to lead ahead of the next bull market.
Find out more about the Kelexo (KLXO) presale by visiting the websitehere.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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